Dine Brands
DIN
173 hedge funds and large institutions have $885M invested in Dine Brands in 2017 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 68 increasing their positions, 41 reducing their positions, and 54 closing their positions.
66% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 41
7.12% less ownership
Funds ownership: 98.28% → 91.15% (-7.1%)
13% less funds holding
Funds holding: 198 → 173 (-25)
21% less call options, than puts
Call options by funds: $15.8M | Put options by funds: $19.9M
33% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 54
35% less capital invested
Capital invested by funds: $1.37B → $885M (-$486M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$130M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$49.8M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$26.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$19.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$103M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$36.6M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$34M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$29.8M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$23.2M |
DIN Hedge Fund Activity: Q1 2017 in Review
173 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Dine Brands (DIN) for Q1 2017, worth a combined $885M — down 35% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of DIN and 36 opened new positions — a net loss of 18 holders — while 41 trimmed existing stakes and 68 added.
The largest buyer was BlackRock, adding an estimated $130M. The largest seller was Jackson Square Partners, exiting entirely with an estimated $103M sold.
- 173 institutional investors held Dine Brands (DIN) as of Q1 2017, down from 198 in Q4 2016.
- Funds reported $885M of Dine Brands stock for Q1 2017, down 35% quarter-over-quarter.
- 36 funds opened new Dine Brands positions in Q1 2017 and 54 closed out, a net change of -18 holders.
- The largest Dine Brands buyer in Q1 2017 was BlackRock, an estimated $130M added.
- The largest Dine Brands seller in Q1 2017 was Jackson Square Partners, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2017.